Luxury Fashion - Europe

Europe

In Europe, the Luxury Fashion market generates a substantial revenue of €41.45bn in 2024.
It is projected to experience a steady annual growth rate of 3.64% (CAGR 2024-2028).
When compared to other countries worldwide, in the United States leads in terms of revenue generation, with an impressive €25,290m in 2024.
Taking into account the total population figures, the per person revenue in Europe amounts to €49.11 in 2024.
In France, luxury fashion continues to thrive with iconic brands such as Chanel and Louis Vuitton leading the way in exquisite craftsmanship and timeless elegance.

Key regions: United States, Italy, Russia, France, India

Marché

Région

Comparaison de régions

Monnaie

Methodology

The Luxury Fashion market is built on resources from the Statista platform as well as on in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. We evaluate the status quo of the market, monitor trends, and create an independent forecast regarding market developments of the global Luxury Fashion industry.